China
2023.08.04 22:38 GMT+8

High-end goods take center stage in China's consumer market upgrade

Updated 2023.08.04 22:38 GMT+8
CGTN

China's consumption market witnessed an 8.2% jump in retail sales during the first half of this year. That signals a positive outlook and establishing a new pace for personal luxury consumption growth in the country. According to analysts, high-end consumption is now playing a greater role in China's consumption upgrade process.

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